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Warren Buffett’s Book List

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Years ago, a college student asked Warren Buffett how to prepare for a career on Wall Street. The legendary investor reportedly held up a stack of publications and reports and said, “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest.” Yes, that’s right—500 pages a day.

Buffett, the chairman of the ­investment holding company Berkshire Hathaway, considers reading to be a core part of his job, according to Lawrence A. Cunningham, JD, a professor at The George Washington University and editor of The Essays of Warren Buffett: Lessons for Corporate America. “Reading is how he knows as much as or more than those he’s speaking with.”

Buffett does not have a book club like Oprah, but ­Cunningham notes that there are ways to determine some of the books he likes—for one, Buffett personally approves every title sold at the bookstore ­kiosk at Berkshire Hathaway’s ­annual shareholder meeting. Here are five general ­interest books and two about Buffett himself…

• No Two Alike: Human Nature and Human Individuality by Judith Rich Harris

• Influence: The Psychology of Persuasion by Robert B. Cialdini, PhD

• Outliers: The Story of Success by Malcolm Gladwell

• The Intelligent Investor by Benjamin Graham

• Where Are the Customers’ Yachts? Or a Good Hard Look at Wall Street by Fred Schwed, Jr.

• Warren Buffett’s Ground Rules by Jeremy C. Miller

• The Warren Buffett Way by Robert G. Hagstrom.

Happy reading!

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Source: Lawrence A. Cunningham, JD, professor at The George Washington University and editor of The Essays of Warren Buffett: Lessons for Corporate America. Date: September 1, 2016 Publication: Bottom Line Personal